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Tag Archives: Lawrence Yun

Housing Market Snapshot: The Year Ahead

The National Association of Realtors' latest forecast predicts a modest bump in existing-home sales while annual median home prices should remain relatively flat—something that bodes well for affordability.

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Pending Sales Dropped in all Regions YoY

Month-over-month, contract signings intensified in the Northeast but diminished in multiple other U.S. regions. First American Deputy Chief Economist Odeta Kushi commented, “While there remains quite a bit of demand for homes on the sidelines, you can't buy what's not for sale, even if you can afford it.”

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Snapshot: Pending Home Sales & 2024 Economic Forecast

Including pending home sales numbers, the National Association of Realtors also updated its annual economic forecasts for 2023 and 2024. Click through to find out how much pending home sales numbers changed from last year and to view the NAR’s economic forecast.

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